Welcome to our dedicated page for Chaince Digital Holdings news (Ticker: CD), a resource for investors and traders seeking the latest updates and insights on Chaince Digital Holdings stock.
Chindata Group Holdings Limited (Nasdaq: CD) serves as Asia-Pacific's premier hyperscale data center operator, delivering cutting-edge solutions across China, India, and Southeast Asia. This dedicated news hub provides investors and industry professionals with essential updates on strategic developments, operational milestones, and financial performance.
Access curated press releases covering critical updates including merger progress with BCPE Chivalry Bidco, energy-efficient innovations like the X-Cooling Maglev system, and quarterly financial results. Discover analysis of Chindata's expansion strategies through its sub-brands Chindata and Bridge Data Centres, recognized for hyper-density clusters and rapid deployment capabilities.
Key content areas include operational updates from major economic zones, technological breakthroughs in power efficiency, and leadership changes. All materials maintain factual reporting on completed transactions and verified performance metrics, including the company's industry-leading 1.21 PUE rating.
Bookmark this page for real-time updates on CD's transition to private ownership and its continued leadership in sustainable data infrastructure. Monitor how Chindata's 35 operational centers with 945MW capacity shape Asia's digital economy landscape.
Chindata Group (Nasdaq: CD) has been awarded the first prize for Carbon Neutral Data Centers by the China Academy of Information and Communications Technology, recognizing its Taihang Mountain Energy and Information Technology Industrial Campus in Shanxi, China. This campus features Asia's largest hyperscale data center and has maintained 100% renewable energy usage with zero carbon emissions for 2019 and 2020. By aligning with China's 2030 carbon neutral roadmap, Chindata Group aims to integrate renewable energy with hyperscale data centers to drive decarbonization in digital infrastructure.
Chindata Group Holdings Limited (Nasdaq: CD) plans to release its first quarter 2021 financial results on May 20, 2021, before market opening. A conference call will be held at 8:00 A.M. EST to discuss these results. Participants must register online to receive access details. Chindata is a leading hyperscale data center provider in Asia-Pacific, focusing on facility planning and IT ecosystem services. The company operates under the brands Chindata and Bridge Data Centres, serving key economic areas in China, India, and Southeast Asia.
Chindata Group (NASDAQ: CD) achieved the top ranking (85/100) in Greenpeace's annual clean energy rankings for China's tech industry, scoring a perfect 40/40 in renewable energy performance. In 2020, the company's owned data centers utilized 505 million kilowatt-hours of renewable energy, representing 51% of its total power consumption and 0.02% of China's power capacity. Chindata is also developing China's tech industry's first 150MW photovoltaic power station and is committed to achieving carbon neutrality by 2030, standing out as the only major Chinese firm to make this promise.
Chindata Group (NASDAQ: CD) participated in the 2021 Boao Forum for Asia, commencing on April 20, 2021, focusing on global governance and the Belt and Road Initiative (BRI). CEO Alex Ju discussed leveraging digital infrastructure for RCEP’s goals: policy communication, infrastructure connectivity, trade facilitation, capital flow, and people-to-people exchanges. By Q4 2020, Chindata had 489 IT MW capacity and over 40 IT MW in interest orders in Southeast Asia. During the forum, Ju met with RCEP ambassadors to discuss the company’s regional business strategies.
Chindata Group's CEO, Alex Ju, met with Indonesian Ambassador Djauhari Oratmangun on April 19, 2021, to discuss digital infrastructure in the Asia-Pacific region during the Boao Forum. Ju emphasized the company's commitment to enhance its business operations in Indonesia as part of the RCEP initiative, aiming to facilitate digital transformation. Chindata Group, the only carrier-neutral digital infrastructure platform in Asia-Pacific, reported a total IT capacity of 489 MW, focusing on RCEP-related countries like China and Malaysia by the end of Q4 2020.
Chindata Group (Nasdaq: CD) reported strong financial results for Q4 and the full year ended December 31, 2020. The company achieved Q4 revenues of RMB553.0 million (US$84.7 million), a 59.2% year-over-year increase, with adjusted EBITDA also rising by 72% to RMB239.4 million (US$36.7 million). For the full year, total revenues surged by 114.7% to RMB1,831.1 million (US$280.6 million), and adjusted EBITDA increased by 186.4% to RMB852.2 million (US$130.6 million). Chindata expanded its IT capacity, securing significant orders from major global cloud companies.
Chindata Group (Nasdaq: CD) reported robust financial results for Q4 and full year 2020, with revenues increasing by 114.7% year-on-year to RMB1.8 billion (USD275.7 million) and adjusted EBITDA rising 186.4% to RMB852.2 million (USD130.6 million). The company secured over 45 IT MW of new orders in Q4 2020, expanding its presence in Asia-Pacific. With a commitment to sustainability, 51% of its energy usage comes from renewable sources. Despite an operating loss of RMB27.1 million, the company marked its sixth consecutive quarter of positive adjusted net income, indicating strong operational growth.
Chindata Group Holdings Limited (Nasdaq: CD) will release its fourth quarter and full year 2020 financial results on March 24, 2021, after market close. A conference call is scheduled for 8:30 A.M. ET on March 25, 2021, to discuss these results. Interested participants must register online to receive call details. The company, a leader in hyperscale data center solutions in the Asia-Pacific region, operates under two brands: Chindata and Bridge Data Centres, focusing on comprehensive facility management across emerging markets.
On Feb. 3, 2021, Chindata Group (Nasdaq: CD) announced the establishment of its subsidiary Chinpower, aimed at developing innovative energy solutions for the hyperscale data center sector. This initiative targets two critical areas: accelerating the rapidly-growing digital economy and addressing climate change. The company also introduced a video showcasing the new hyper-density data center integrated energy solution, signaling its commitment to sustainability in technology.
FAQ
What is the current stock price of Chaince Digital Holdings (CD)?
What is the market cap of Chaince Digital Holdings (CD)?
